4261 Bullard St, North Port, FL 34287
2 beds · 2 baths · 1,256 sqft
One or more photo(s) has been virtually staged.NEW PRICE!! Welcome to your new home! This charming two bedroom, two bathroom house in North Port, FL offers 1,256 sq ft of comfortable living space. Living room and bedroom floors were updated September 2024 with new luxury vinyl flooring! Enjoy year-round comfort with central air conditioning, ensuring a pleasant atmosphere in every season. Newly installed hurricane windows throughout most of the house provide enhanced safety and energy efficiency. The roof was replaced in 2023, offering peace of mind and added durability for years to come. City water and sewer makes for low maintenance utilities! Use the chalkboard wall near the kitchen to keep reminders for family members or let the little ones express their artistic abilities! A huge Florida room provides a versatile space for relaxation, entertaining, or as a home office. In addition, The rear screened patio is perfect for outdoor dining, lounging, or enjoying the fresh air without the hassle of insects. The backyard features an above ground pool, perfect for cooling off during the hot Florida summers and making memories with family and friends. Nestled in a quiet, welcoming neighborhood with a strong sense of community, Close to shopping centers, dining options, parks, and recreational facilities, ensuring you have everything you need within a short distance. The warm Mineral Springs Park is nearby. Experience the natural beauty of North Port with nearby parks, walking trails, and easy access to the stunning Gulf Coast beaches. Baseball fan? Spring Training Facilities for both the Braves and Rays are minutes away from this home, which is located in the X Flood zone, which means no flood insurance is required from most lenders. Impact windows through most of the home were installed in 2024 and a new roof in 2023! The central Air Conditioner was replaced in 2018 as well as the service panel and hot water heater. This home is a fantastic opportunity for any buyer without compromising on comfort and style. Don’t miss out on making this lovely house your new home!
Source: STELLAR #c7494031
Source: STELLAR #c7494031
Assuming a mortgage can seem complex and unfamiliar. We simplify the process by providing white-glove support and expertise at every step.
Whether you have an agent or you’re just starting your search, reach out to us and we’ll help set up a home tour.
Roam works with you, your agent, and the listing agent to prepare a mortgage assumption agreement and finalize all details.
Roam coordinates all parts of the transaction and keeps all parties up to date to provide a seamless 45-day close.
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
What is Roam?
Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.
What is an assumable mortgage?
An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.
Why is an assumable mortgage valuable?
When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.
How can you find assumable mortgage listings?
Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Get Notified” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.
Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.
How do I qualify for an assumable mortgage?
To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.
MLS ID: #c7494031
Roam is committed to and abides by the Fair Housing Act of Equal Opportunity Act.